Post # 1
This may sound silly, but what’s something “grown up” you just haven’t tackled, confuses you, or you’re just avoiding?
For me, it’s investments and the like.
My two jobs don’t go through Social Security and offer alternative options and I just don’t get it. Every week I get mailed updates, policy changes, information and I have a pile that I MUST take the time to look through. I can change where money goes, when, why, etc., but the jargon is beyond me and there’s no representative at my work places to discuss this with and when I’ve called, it’s all automated. Hence why it’s just a pile on the floor.
And I (we) need to talk investments. I’m scared because my family never invested – I take that back, they did, and they lost it, were swindled, tapped into funds and and ran out, etc. The thought scares the crap out of me. I lack the trust for having someone guide me. FI’s family had excellent luck, but it was never discussed with the kids (meaning Fiance and his brother) the ins and outs and Future Father-In-Law is not the easiest man to talk to, especially when it comes to money advice. I tried to talk to him about credit unions and he ended up talking about how he had $100,000 in his credit union account.
For someone as frugal, responsible, and meticulous with money as I am, I am ashamed not to have gotten on the ball with all of this.
How about you guys? What scares you? You haven’t done but should have? I can’t, and hope, not to be the only one out there who is slacking and avoiding some “grown up” task!
Post # 3
@BetterSherm: Dont let investments scare you!! I do my own stock trading and other investing and such and it’s a lot more straight forward once you get past all their stupid jargon. There are plently of books available that break it down that could be helpful!
SO and I are avoiding buying a house. we can afford one, we have saved enough for a down payment and continue to keep saving and everyone is telling us we are wasting our money renting (and really, we are) but a house seems like a lot of work right now to us. Utilites, property tax, money aside of maintainence… yeaaa seems like a lot of effort right now lol
Post # 4
Do you recommend any books?
Buying a house will probably be the next thing I’d avoid! My family’s house went into foreclosure and my parents struggled to no end to keep up with various bills: mortgage, property taxes, homeowner’s insurance, development maintenance fees, and the generic monthly bills (and we had two air conditioners!). Living through two bankruptcies and foreclosure has made me deathly scared of being a homeowner. For now, we’re content renting and our rent is so much lower than mortgages in our area that we just can’t justify not renting.
Post # 5
I *just* started investing in my 401K and I’m 29 and have been at my workplace for about 5 1/2 years now. I’ve been getting lectured on how I should invest for quite a while. I just kept telling myself “I don’t know if I’ll be there long enough for it to make sense.” That was a big adult step I was avoiding for a long time.
Next step to avoid, buying a home/having children! Fiance is all about moving back to where we’re from and starting a family. My baby cut off was 30, but since I’ll be 31 by the time we get married, it is now 35. He wants to start on the babymaking on the wedding night (already told me I should stop taking by bcp the week of the wedding). haha
I’m just kind of like “babies, house? but I’m so young!” and then I remember no, no I’m not.
Post # 6
This was the first year that my mom wouldn’t let me use her ($300/hr) accountant toSony tax return, so I haven’t done taxes this year :-/
I am also avoiding dressing like a grown up. I shop exclusively in the PINK boutique at Victoria’s secret, and I am an expert in yoga pants. I only wear flip flops, toms, or uggs, and if I have to “dress up” to go out, I rarely diverge from boots/flats, jeggings, and a cardigan.